Anta Sports: Strongly deny the allegations of related transactions in the Muddy Water Report

category:Finance
 Anta Sports: Strongly deny the allegations of related transactions in the Muddy Water Report


Except as disclosed above, the Board confirms that it is not aware of any other information that must be disclosed to avoid false market conditions in our securities, or any insider information required to be disclosed under Securities and Futures Ordinance (Cap. 571 of the Hong Kong Act) under Securities and Futures Ordinance XIVA.

Most importantly, shareholders should be aware that the allegations are the opinions of short-selling institutions, whose interests may not be consistent with those of shareholders in general, and that the allegations may be intended to deliberately undermine confidence in the company and its management and damage the reputation of the company. Therefore, shareholders should be cautious about the relevant charges. The Company reserves the right to take legal action against Muddy Waters and/or persons responsible for the relevant charges.

The Board considers that the report contains a number of factual errors, misleading statements and unfounded guesses, which may lead to unusual price fluctuations. The shareholders and potential investors of the Company shall exercise caution in trading the securities of the Company.

ANTA Sports Products Limited

Chairman

Hong Kong, 9 July 2019

Source: Netease Financial Responsibility Editor: Yang Bin_NF4368